Nonce: Difference between revisions
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A nonce is an abbreviation for "number only used once," which is a number added to a hashed—or encrypted—block in a blockchain that, when rehashed, meets the difficulty level restrictions. The nonce is the number that blockchain miners are solving for.<ref>https://www.investopedia.com/terms/n/nonce.asp</ref> | A nonce is an abbreviation for "number only used once," which is a number added to a hashed—or encrypted—block in a blockchain that, when rehashed, meets the difficulty level restrictions. The nonce is the number that blockchain miners are solving for.<ref>https://www.investopedia.com/terms/n/nonce.asp</ref> | ||
A miner will take a block of unconfirmed transactions from the transaction pool, choose a nonce, and if the resulting hash meets the target threshold then the miner will broadcast the block as solved. | |||
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== References == | == References == |
Latest revision as of 20:26, 8 March 2020
In cryptography, a nonce is an arbitrary number that can be used just once in a cryptographic communication. [2]
A nonce is an abbreviation for "number only used once," which is a number added to a hashed—or encrypted—block in a blockchain that, when rehashed, meets the difficulty level restrictions. The nonce is the number that blockchain miners are solving for.[3]
A miner will take a block of unconfirmed transactions from the transaction pool, choose a nonce, and if the resulting hash meets the target threshold then the miner will broadcast the block as solved.
Video[edit]